Is it better to rent out or list homes for sale in California? You’d be surprised how much this question comes up. There’s no denying that property is a solid investment. But when you’ve generated enough wealth to consider retiring your primary residence to an investment property, it’s time to make that crucial choice. Is […]
Category: Current Real Estate
Absorption Rate Analysis – July 2024: This Market’s Healthier Than You Think
At first glance, July seemed like a rebound month for LA’s absorption rates (with a few outliers, of course). But what’s not obvious by simply looking at the statistics is that we sold more homes in nearly every market in July than we did in June. Summertime is often one of the hottest times for […]
JohnHart Real Estate Opens Office Number 15 in Magical Monrovia
As other brokerages continue to scale back in the face of industry changes, JohnHart Real Estate moves ahead in leaps and bounds. Perhaps that has never been more evident than in our latest acquisition. Finding opportunity in another brokerage’s loss, JohnHart’s newest addition to the family urged us to branch into the Monrovia housing market. […]
The Top 25 Agents of Q2 2024
Is it hot enough out there for you? We’re not talking about summer heat. We’re talking about the kind of heat that could only come from a year this vicious. The heat that comes from the friction of agents being ground against the most resistance many of us have ever felt in our entire careers. […]
Absorption Rate Analysis – June 2024: Early Summer Slipping Toward the Buyer’s Favor
We’ve seen the summer favor buyers before, but not quite like in June this year. The last time we even got close to a near-universal absorption rate drop like we saw last month was in July 2023. Back then, 10 of our 12 neighborhoods dropped closer to the buyer’s favor. But in June 2024, only […]
Absorption Rate Analysis – May 2024: Relief for Buyers at the Edge of a Heatwave
It’s been an interesting month in the Greater LA housing market as more housing inventory flows into a parched market. We ended April’s absorption rate analysis with a prescient statement: “We did see a higher number of houses for sale in Los Angeles hitting the market in April. If that trend continues, we may see […]
13 JohnHart Agents Earn Coveted Spots on the 2024 RealTrends America’s Best Real Estate Agents List
In a year when so many agents have thrown in the towel, balking at a market unforgiving of even the slightest misstep, a lucky 13 JohnHart real estate agents secured spots on the prestigious RealTrends America’s Best Real Estate Agents list for 2024. As the name suggests, these aren’t just the best real estate agents […]
Absorption Rate Analysis: April 2024 – More Houses for Sale in Los Angeles But the Surprises End There
April 2024 brings more of that same energy we saw in March as the industry shakes off the accumulated frost of the holiday hibernation. A lot of our communities continued to climb further into the seller’s market, though with less severity. One neighborhood really ingratiated itself to sellers with a double-digit surge. But it was […]
JohnHart Finds the Essence of Glendora Real Estate with New Location
Glendora real estate is getting redefined. JohnHart Real Estate proudly opened its much-anticipated Glendora office with a ribbon-cutting ceremony on Thursday, April 25, inviting the community to get a first look at an office that visually matches our unconventional real estate ethos. Innovation has always been second nature at JohnHart. But our Glendora office created […]
Absorption Rate Analysis: March 2024 – The Market’s Warming Up Further for Sellers
Now these are some numbers that look familiar. The housing market has spent a couple of months in the wake of the holidays stretching out of hibernation. But March’s nearly straight run of surges brings us back to very familiar territory. Maybe painfully familiar for buyers. It was a month that saw neighborhoods surging further […]